Midland, MI · standard
ZIP Code 48640
Midland County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 32,690
- 125/sq mi
- $80,574
- Median income
- $200,700
- Median home value
- 39.4%
- Bachelor's or higher
The verdict
Midland pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 37%
- household income, US ZIPs
- 44th pct
- home value, US ZIPs
- 125
- people per sq mi
- 75%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48640 against every reporting US ZIP.
ZIP code 48640 is a densely settled ZIP (a standard USPS delivery area) in Midland, Midland County, Michigan, with 32,690 residents across 261.5 square miles, a density of 125 people per square mile, in the Detroit time zone.
ZIP 48640 lands in the middle-income range, with a median household income of $80,574 (10% above the Michigan average), while per-capita income is $44,720. 12.2% of residents live below the poverty line, and the unemployment rate reads 5.1%. Housing costs here run $200,700 for a typical home value (9% below the state average), with rent averaging $954 a month; 75.0% of homes are owner-occupied.
A solid share of residents have a four-year degree: 39.4% of adults hold a bachelor's degree or higher, the median age is 40.2, and the average commute is 24 minutes. We also surface 3 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Midland County, so you can benchmark 48640 against its immediate geography rather than a national average alone.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 48640
Top 5 sectors by establishment count in Midland, MI
Which industries have the most business establishments in ZIP 48640.
- Health care and social assistance
Health care and social assistance
246 establishments
- Retail trade
Retail trade
135 establishments
- Other services (except public administration)
Other services (except public administration)
110 establishments
- Accommodation and food services 92
Accommodation and food services
92 establishments
- Professional, scientific, and technical services 80
Professional, scientific, and technical services
80 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 48640, Midland, MI · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
32,690
Population
261.5
Area (sq mi)
125
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48640?
40.2
Median Age
48.8%
Male
51.2%
Female
3.1%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$80,574
Median Household Income
+10% vs state
$44,720
Per Capita Income
12.2%
Poverty Rate
5.1%
Unemployment Rate
23.8 min
Mean Commute Time
How ZIP 48640 ranks nationally
Midland, MI household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$80,574 Top 37% higher than 63% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
14,469
Total Housing Units
13,722
Occupied Units
747
Vacant Units
2.33
Avg Household Size
Occupancy Type
$200,700
Median Home Value
-9% vs state
$954
Median Rent
1973
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+7.2%
YoY Change (2024)
184
HPI Index (2000 = 100)
+84%
Total Change Since 2000
Home values in ZIP 48640 have increased 7.2% over the past year (2024). Since 2000, this ZIP has seen +84% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.4% | 122 |
| 2021 | +10.6% | 135 |
| 2022 | +20.3% | 163 |
| 2023 | +5.4% | 171 |
| 2024 | +7.2% | 184 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 981 business establishments in ZIP 48640, employing approximately 18,756 people with a combined annual payroll of $1,384,610,000.
981
Businesses
18,756
Employees
$1.4B
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 246 | 25.1% |
| Retail trade | 135 | 13.8% |
| Other services (except public administration) | 110 | 11.2% |
| Accommodation and food services | 92 | 9.4% |
| Professional, scientific, and technical services | 80 | 8.2% |
| Finance and insurance | 73 | 7.4% |
| Construction | 64 | 6.5% |
| Administrative and support and waste management and remediation services | 50 | 5.1% |
| Real estate and rental and leasing | 31 | 3.2% |
| Manufacturing | 24 | 2.5% |
| Wholesale trade | 17 | 1.7% |
| Arts, entertainment, and recreation | 16 | 1.6% |
| Information | 14 | 1.4% |
| Transportation and warehousing | 10 | 1.0% |
| Educational services | 8 | 0.8% |
| Management of companies and enterprises | 4 | 0.4% |
| Industries not classified | 4 | 0.4% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 48640 vs 48667 →
ZIP 48640 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48640
Midland (48640)
32,690 residents
- 48642
Midland (48642)
32,277 residents
- 48657 7,981
Sanford (48657)
7,981 residents
What this shows Among its immediate neighbors, ZIP 48640 ranks the most populous - useful context the national average alone can't give.
ZIP 48640 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48640
Midland (48640)
$80,574 median income
- 48642
Midland (48642)
$77,847 median income
- 48657
Sanford (48657)
$72,500 median income
What this shows By household income, ZIP 48640 ranks the highest of 3 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
More ZIP Codes in Midland County
Related Areas
Frequently Asked Questions
What county is ZIP code 48640 in? ▼
What is the population of ZIP code 48640? ▼
What is the median household income in ZIP 48640? ▼
What is the average home value in ZIP 48640? ▼
What is the demographic makeup of ZIP 48640? ▼
How many businesses are in ZIP code 48640? ▼
What are the main industries in ZIP code 48640? ▼
How have home values changed in ZIP code 48640? ▼
What is the education level in ZIP code 48640? ▼
What is the average commute time in ZIP 48640? ▼
What percentage of residents own vs. rent in ZIP 48640? ▼
What is the poverty rate in ZIP code 48640? ▼
Read our methodology to see how this data is sourced, computed, and verified.